Welcome to MONEY MASTER. Money Master is a financial management and money talk blog where our aim is to become the money master rather than the slave to the money. Making money is no easy job if you treat it as a burden but once money becomes your friend and work for you, that is when cash flows in. Becoming the money master rather than slave to it helps us redefine the whole idea of earning more - it's more like the money working for us.

We are now in another new year, or financial year and many of us are just 2-3 months for tax submission. However, there are just still so many of us who are questioning how our scheduled tax deduction (STD) or PCB is calculated as most of the time we are getting different deduction.

It is not a surprise as majority working class are having fixed monthly salary, but at the same time on and off we are getting bonuses from our employers. These bonuses are the reason why we are getting different scheduled tax deduction on certain month when we have bonus.

Anyway, since I'm still getting emails on the calculation, I will use the example from the email so that the reader can understand it based on his or her salary and bonuses.
Assuming A is getting a salary of RM3,000 and have RM24 deducted monthly for tax.
One of the month A is getting RM10,000 and RM1,100 will be deducted for EPF.
Based on this, we can have 2 conclusion, either the bonus is RM10,000 and another is RM7,000 (from RM10,000 - RM3, 000)